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4502 Campus Dr
Kalamazoo, MI 49008
Office Property For Sale
Executive Summary
Advantage Commercial Real Estate is pleased to present the sale of 4502 Campus Drive, a 22,492 SF single-tenant life sciences facility located within Western Michigan University’s Business, Technology and Research Park in Kalamazoo, MI. The property is 100% leased to Dipharma, Inc., the U.S. arm of a global pharmaceutical CDMO founded in 1949, and serves as the parent company’s only cGMP manufacturing facility in the United States, making it an irreplaceable, mission-critical asset within Dipharma’s global network.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
22,492 SF
Building Class
C
Year Built/Renovated
2007/2022
Price
$9,731,000
Price Per SF
$432.64
Cap Rate
8%
NOI
$778,480
Tenancy
Single
Building Height
1 Story
Typical Floor Size
22,492 SF
Building FAR
0.17
Lot Size
3.03 AC
Zoning
CBTR
Property Taxes
| Parcel Number | 06-31-138-025 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,318,400 |
Property Taxes
Parcel Number
06-31-138-025
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,318,400
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